Blue Star experienced a robust summer AC sales season, but rising input costs significantly impacted profit margins. The company's MD anticipates continued margin pressure, revising full-year guidance downwards. While the festive season offers a glimmer of hope for recovery, Blue Star is strategically investing in the high-growth data centre cooling sector, aiming for substantial revenue contribution by FY29.
Blue Star experienced robust summer AC sales, yet rising input costs significantly impacted profit margins. The company's MD anticipates continued margin pressure, revising full-year guidance downwards. Strategically, Blue Star is heavily investing in the high-growth data centre…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.